Savvy credit grantors track the aging of their Accounts Receivable. This enables them to determine the financial health of their customers. They categorize them according to how long invoices have been outstanding. If an Accounts Receivable Aging Report shows that a customer’s receivables are being… Read More ›
We recently wrote about the “Top 7 Pitfalls to Avoid with Overdue Receivables.” Not following the tip given to us recently by Mason, Schilling & Mason Co., LPA, could add Pitfall #8: “Not getting all the personal and business identifiers… Read More ›
Savvy commercial creditors, small business owners, account managers and forwarders have learned to avoid these 7 pitfalls that make it more difficult to collect overdue receivables. Check this list to make sure you haven’t overlooked something that could help you… Read More ›
Within the past year, I’ve driven up to three of my favorite casual dining restaurants—Applebee’s, Paradise Bakery, Sweet Tomatoes—only to find that they had closed. According to the Internet, which is not always up-to-date, some locations are still open. However……. Read More ›